SEC
Get the latest news and insights on the Securities and Exchange Commission's' financial regulations (such as Regulation Best Interest), enforcement actions and related activities.
Feds Act Against Former Marsh Unit Executives
By Staff WriterThe U.S. Securities and Exchange Commission says it has filed criminal charges against 6 former officers of Putnam Fiduciary Trust Company.SEC officials say the problems ...
December 01, 2005
Ameriprise Negotiates Deals With Securites RegulatorsA major financial services company says it will be spending about $59 million on settlements to resolve concerns of state and national agencies about ...
December 01, 2005
SEC Accepts Viatical Firm SettlementFederal regulators say they have agreed to accept a $25 million settlement offer from the former principals of a failed life settlement firm.[@@]The U.S. ...
November 09, 2005
The Best And Worst All In OneThere was a Hollywood movie star who said: "I don't care what you say about me, just spell my name right."Indexed annuities may not ...
October 31, 2005
Early Comments to SEC on Soft Money Question the StatuteWASHINGTON (HedgeWorld.com)--Although language purists might complain about any sentence that ends with a preposition, none will protest the concision of Keith L. Shadrick's comment to the Securities and Exchange Commission concerning its new proposed interpretation of the statutory safe harbor for the use of client commissions for research and brokerage...
October 28, 2005
Agency Elevates Official Who Oversaw Boston InvestigationsThe U.S. Securities and Exchange Commission has promoted Peter Bresnan to deputy director of the division of enforcement.[@@[Bresnan has been serving as an associate ...
October 07, 2005
Regulators To Waive Advisor Registration System FeesThe sponsors of a national database that tracks individual investment advisors and investment advisory firms say they plan to give advisors a break on ...
September 20, 2005
Carrier Group Continues To Fight NASD VA Proposal (Corrected)The American Council of Life Insurers has repeated its call for the U.S. Securities and Exchange Commission to scrap a proposed National Association of ...